Checklist for making your monthly mortgage payment

With your new home comes a new responsibility—making your monthly mortgage payment. You can use this checklist with your monthly mortgage statement to help you stay in control of your mortgage, avoid surprises, and get help when you need it. 1. Understand your...

Smooth And Speedy Moving Process

We’re known for a smooth and speedy closing process. Just sign the paperwork, grab the keys and go! Reach out today to work with us.

Worry Free … Home Shopping Is Now Available

No need to worry about losing out on low rates when you work with Northeastern Realty! Call today to get pre-approved. We’ll secure your rate for up to 90 days while you shop! The best part? If rates drops while you’re shopping, you’ll get the better rate!

Jumbo Loans For Luxury Homes

Loans above the conforming loan limit are known as Jumbo loans. If you have a high credit score and the income to match, a Jumbo loan can help you live large. Jumbo loan limits can vary, but we’ll help you find out exactly how much you can spend. Call today!


Building your dream home? Our fast and simple loan process offers you a lower interest rate, one down payment and one closing. See how simple it can be when you partner with us.

Invest In Yourself

It can be frustrating to see your rental price increase year after year. It's time to pay yourself instead of your landlord. Call us today.

We’re Here For You!

We’ll help every step of the way on your biggest financial decision: purchasing a home. Call us today to get started!


Don’t be in the dark when it comes to your homebuyers’ loan status. With our digital tools, one click grants you full transparency throughout the entire process with real-time loan progress. Let us help you provide elite customer service from start through closing!


Avoid the hassle of meeting an appraiser at your home while saving time and money, too! Find out if you qualify for an appraisal waiver.

No Cash? You Can Still Qualify!

Did you know that you can get a home with 100% gift options? When you work with Northeastern Realty, you have choices. Let us show them to you.


Northeastern Realty can accelerate the process to helping you find a new home in Florida, Massachusetts, Rhode Island, and Georgia. We assist with our clients to get the right home and loan needed for your situation. Our team of  real estate agents and loan officers are here for you to get you through this important stage of your life. No matter if you are still searching for a home, or if you have already found the home of your dreams, Northeastern Realty can be an asset to you during the home buying process.



Is Northeastern Realty licensed by the State?

Yes.  Click here to learn more. We are also registered by The National Mortgage Licensing System, commonly known as the NMLS. Our NMLS license number is 2179146.

Is there someone I can talk to when I need to?

We can speak to you on weekdays during business hours and by request on nights and weekends. We do not have a call center or solely rely on email for communication. When you ring Northeastern Realty, you get an expert on our team right here in Florida, Georgia, Massachusetts, and Rhode Island.

How much is a loan going to cost me?

The cost of a loan depends on three main factors – the type of loan, the loan amount, and the applicant’s financial history. The most efficient way to determine the cost of a loan is to apply with us. Following due diligence, we will provide you with a written loan estimate.

Do you service my loan?

Northeastern Realty does not service loans. We are a mortgage broker that works with multiple lenders to help clients find the best loan option – saving you time and money.

What types of loans does Northeastern Realty offer?

We have loan products to meet the needs of residential and commercial borrowers. Visit Loan Programs on our site for more information.

Is it hard to get a loan if I am self-employed?

In recent years, the expansion of the gig economy has pushed more and more lenders to offer loan programs (often called nonQM loans) for self-employed individuals. Northeastern Realty has strong relationships with lenders who provide NonQM loan programs. Click here to learn more.

Can I get a mortgage loan if I’m not a U.S. citizen?

You are not required to be a U.S. citizen to obtain a mortgage loan. However, an individual who is not a U.S. resident cannot participate in any conventional, government-backed loan programs. Northeastern Realty has deep expertise in this area and secured real estate financing for many non-U.S. citizens. Contact us for more details.

What is the difference between being pre-qualified and pre-approved for a mortgage?

A pre-qualification is a letter of approval stating you meet basic financial criteria, based most often on the borrower’s word. A pre-approval statement from a lender means the broker has investigated your assets, debt, and credit history to determine whether you can qualify for the loan. A pre-approval is more powerful than a pre-qualification when presented with an offer to purchase a home, especially if there are multiple offers. Click here to learn more.

How do I obtain a pre-approval letter from Northeastern Realty?

We are happy to walk you through the steps by phone, or you can visit our pre-approval page for instructions.

How does my credit score affect my mortgage application?

Your credit score is an important factor in determining how much you can borrow and the loan’s interest rate. A high credit score (680+) generally gives a borrower the best terms. A lower credit score can present challenges, but Northeastern Realty thrives on creating solutions for all customers.

Do you need my bank statements to approve a loan?

Yes. Bank statements provide a lender proof of income and expenses. A lender may require up to twelve months of bank statements to approve a loan depending on the borrower’s circumstances.

Is a home appraisal required to obtain a loan?

Most lenders require an appraisal to complete a loan for a purchase or refinance. The purpose of an appraisal is to ensure the lender is not loaning more than the home is worth.

Do I need title insurance and escrow services to complete my loan?

Yes. Escrow is essentially a clearinghouse for the receipt, exchange, and distribution of the items needed to transfer or finance real estate. When the event occurs, or the condition is satisfied, a distribution or transfer takes place. When all of the elements necessary to consummate the real estate transaction have occurred, the escrow is “closed.”
Title insurance – protects you and your lender if someone challenges the title to your property.

Can my loan be processed electronically?

We can process everything electronically including the final loan documents.

How much money do I need to put down to get a mortgage loan?

There is no one answer for this question – it depends on your financial history, type of loan, and loan terms. There are some government-backed programs that require as little as 3% on a residential purchase, but generally, lenders are looking for a 10%-20% downpayment.

What is a mortgage rate lock?

A rate lock freezes the loan’s interest rate until the closing as long as there are no changes to the application and the loan closes within the specified time frame. Rate locks are usually offered on a loan for 30, 45, or 60 days. Many borrowers like rate locks because mortgage interest rates can change frequently, and a lock creates certainty. If your rate is not locked, the interest rate and your loan payment can change at any time while the loan is in process. There can be some cons to a rate lock. It may be expensive to extend your rate lock if your transaction needs more time. And, a rate lock may keep you out of lower loan payments if rates fall during processing. Unsure what to do? Contact us to review the pros and cons of rate locks to determine which direction is best for you.

When can I lock the mortgage rate?

You can typically lock a rate after the initial loan approval.

What does a monthly mortgage payment typically include?

Your mortgage payment will include the loan payment (loan principal+interest) and mortgage insurance if you put down less than 20%.

What is PMI?

Private mortgage insurance (PMI) is required by most lenders on a conventional purchase or refinance loan if the down payment or home equity is less than 20%. PMI is generally removed once your loan payments accumulate to satisfy the 20% requirement. There are loan programs and payment options for some borrowers to avoid PMI. Contact us to learn more.

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